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Today’s Dollar To Naira Rate Sparks Fresh Panic In Forex Market
What is the current Dollar to Naira exchange rate at the black market, popularly known as the parallel market or Aboki FX?
What is the current Dollar to Naira exchange rate at the black market, popularly known as the parallel market or Aboki FX?
Below is the black market Dollar to Naira exchange rate for May 21, 2026. These are the rates at which the dollar is exchanged for naira in the parallel market.
How much is Dollar to Naira today at the black market?
According to Bureau De Change (BDC) sources in Lagos, the Dollar to Naira exchange rate at the parallel market on Wednesday, May 20, 2026, stood at ₦1399 for selling and ₦1386 for buying.
It should be noted that the Central Bank of Nigeria (CBN) does not officially recognise the black market and has advised individuals seeking foreign exchange transactions to use commercial banks and other approved financial institutions.
| Dollar to Naira (USD to NGN) | Black Market Rate |
|---|---|
| Selling Rate | ₦1399 |
| Buying Rate | ₦1386 |
| Dollar to Naira (USD to NGN) | CBN Rate |
|---|---|
| Highest Rate | ₦1374 |
| Lowest Rate | ₦1372 |
Keep in mind that forex exchange rates may differ depending on location, demand, and the dealer involved, so the actual rates you get could vary from those listed here.
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